Has Hired You to Develop Training Materials for Their Consultants

question 52

Multiple Choice

has hired you to develop training materials for their consultants. Your first assignment is to develop a training program that helps their consultants to analyze and understand the organizational structure of the company that they are assisting. CE believes that in order to adequately evaluate and understand a client company, consultants need to understand the basic organizational structure of the company. Consultants are then able to recommend actions and changes based on the company's structure.
-You instruct the trainees to ask about the degree of rules and regulations that direct employees and managers. You want to help them understand the _______.

• A) chain of command
• B) span of control
• C) degree of formalization
• D) idea of matrix restructuring
• E) degree of departmentalization

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Definitions:

Natural Monopoly

A market condition where a single firm can provide goods or services to an entire market at a lower cost than if there were multiple firms in the industry.

Antitrust Suits

Legal cases intended to prevent or penalize monopolies and ensure competition in the marketplace.

Average Cost

The total cost of production divided by the number of units produced.

Monopolist

A monopolist refers to a single supplier in a market who has significant control over the market price of a product or service due to the lack of competition.